Video: Lease Assignment Perils Start Transcript: Lease Assignment Perils Another issue that you need to be aware of both on the landlord side and the tenant side, when you’re signing a lease. Is let’s say, going back to my example of Chip taking over the restaurant. Let’s say Chip, as…

Video: Investment from Friends and Family Start Transcript: Investment from Friends and Family If you are talking about friends and family type of capital investment, there are some considerations that you want to give to this transaction that go beyond just business considerations. Usually there’s a personal relationship that is…

Video: Intro to Title Insurance and Escrow Start Transcript: Intro to Title Insurance and Escrow I remember when I first got into law practice, the partner that I worked for, he was mostly a real estate transactional lawyer, he put something on my desk and he said, “This is a…

Video: Common Pitfalls in Commercial Real Estate Start Transcript: Common Pitfalls in Commercial Real Estate What are the most common pitfalls in commercial real estate? Real estate is a broad area of the law. It touches on so many things. There’s contract law, there’s property law, there’s family law, it…

Video: Get it in writing. Start Transcript: Get it in writing. Contracts in general do not need to be in writing. That is true in general. There are certain categories of contracts that must be in writing in order to be enforceable, but even though a contract may be enforceable,…

What are Estoppel Certificates? Start Transcript: Estoppel Certificates Explained An estoppel certificate is a device that is used by landlords and by lenders in order to get some certainty as to what their situation is on a property. The lease agreement also should provide for estoppel certificates. It’s one of…

Video: Due-on-Sale Clause Start Transcript: Due-on-Sale Clause A due-on-sale clause is an agreement that usually exists in loan documents where the borrower is representing to the lender that they are going to be using the building or the real estate, whatever kind it is, for certain some purpose, and they…

Video: Commercial Real Estate Financing & Personal Guarantees Start Transcript: Commercial Real Estate Financing & Personal Guarantees In commercial leases you will usually see, unless the tenant is really well established and an excellent credit risk for the landlord, you will usually see the landlord requiring the individuals who own…

Video: Capitalizing Your Business with Retained Earnings Start Transcript: Capitalizing Your Business with Retained Earnings The third way of capitalizing your business and this is the optimum way, this is ideally the way that your business will operate in normal circumstances, and that is to plow back earnings into the…